Stocks Hitting 52-Week Lows

Bed Bath & Beyond Inc. BBBY shares fell 6.20 percent to reach a new 52-week low of $48.14 after the company lowered its earnings outlook for the third quarter. EnteroMedics Inc ETRM shares dropped 12.33 percent to touch a new 52-week low of $0.117 after the company reported a 1-for-15 reverse stock split. Steelcase Inc. SCS shares fell 2.71 percent to reach a new 52-week low of $14.15. Raymond James downgraded Steelcase from Strong Buy to Market Perform. Great Basin Scientific Inc GBSN shares touched a new 52-week low of $1.33 after falling 22.49 percent on Tuesday.